On March 10, it was reported that Andre Cronje (AC), co-founder of Sonic (formerly Fantom), had added the label "flyingtulip Founder" to his personal X profile. According to the official website of the project, flyingtulip is positioned as a new generation of smart trading protocol that can support more than 50 times leveraged transactions. The protocol uses adaptive curve technology, which can automatically adjust between constant product and constant sum curve based on real-time market volatility, providing traders with better execution prices while bringing the best return to liquidity providers.